a furniture manufacturer uses a standard costing system in which standard machine-hors is the measure of activity

A furniture manufacturer uses a standard costing system in which standard machine-hours (MHs) is the measure of activity. Data from the company's flexible budget for manufacturing overhead are given below. 2,700 MHS Denominator level of activity .Overhead costs at the denominator activity level: Variable overhead cost Fixed overhead cost $27,840 $32,370 The following data pertain to operations for the most recent period: Actual hours Standard hours allowed for the actual output Actual total variable manufacturing overhead cost Actual total fixed manufacturing overhead cost 2,600 MHS 2,740 MHS $24,440 $33,560 The predetermined overhead rate is closest to